Tomorrow for ES: Expecting a lower RTH open followed by a test of 39.25. If it holds expecting a sell-off.
All the best!
All the best!
ES Journal - 2014
- Thread starter murica
- Start date
Regular Trading Hours; 8:30 CST for ES.
Out of 80% of my rather large ES position at 1941, out of most of my dax position too.
Expect much more of a rally, but with the number coming out, possibly the most closely watched number for some time, one can expect a big increase in volatility. So the correct thing, to do imho, is to reduce positions significantly otherwise too much exposure. First rule of the markets is to survive!
Booked excellent profits anyhow.
nice work VOut of 80% of my rather large ES position at 1941, out of most of my dax position too.
Expect much more of a rally, but with the number coming out, possibly the most closely watched number for some time, one can expect a big increase in volatility. So the correct thing, to do imho, is to reduce positions significantly otherwise too much exposure. First rule of the markets is to survive!
Booked excellent profits anyhow.
http://i.imgur.com/VlH7rp0.png spy tl
http://i.imgur.com/pKef4QV.png spy reduced pic res #
http://i.imgur.com/nyVMovh.png near term supports
Had a PM about this long from yesterday near EOD saying I was ''absolutely crazy'' lol,
Already the better part of 50 cents in profit.
Will close this when we hit 196 for +150 cents.
Good luck all. Won't be around too much today.
looking for a top here and a pullback to 1900 area for a start of a bigger move
http://i.imgur.com/5U11Q4R.png
http://i.imgur.com/5U11Q4R.png